Allbirds raises $50 million through convertible bonds and plans to change its name to "NewBird AI," betting on a transformation into AI infrastructure.

PANews reported on April 15 that, according to CoinDesk, Allbirds Inc. has raised $50 million through convertible bonds and plans to transform from a retail footwear business into an AI computing infrastructure provider, and intends to change its name to "NewBird AI".

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